Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

====================================================================================================

                               FOR THE YEAR                PROFIT/(LOSS)    ANNUAL        CLOSURE OF

                                ENDED/HALF/   DIVIDEND/        AFTER        GENERAL            SHARE

                               YEAR ENDED      BONUS/         TAXATION      MEETING         TRANSFER

COMPANY                      QUARTER ENDED     RIGHT      (Rs in million)     ON               BOOKS

====================================================================================================

Dawood Money Market Fund*      06.30.2006     11.5% (B)     188.461         -                      -

Faysal Income & Growth Fund**  06.30.2006     5.5%(B)x       79.471         -                      -

Faysal Balanced Growth Fund ***06.30.2006     6%(B)xx       405.897         -                      -

Crescent Sugar Mills &             -          -                   -     08.05.2006     29.07.2006 to

 Distillery Limited                                                     (EOGM)xxx         05.08.2006

(TFC) MCB Bank Limited             -          -                   -         -          28.07.2006 to

                                                                                      10.08.2006xxxx

====================================================================================================

INDICATIONS:
(B) Bonus Issue
-- Basic Earning Per Unit = Rs 12.07
-- Earnings per unit at the close of the period = Rs 5.59
-- Earnings per unit at the close of the year = Rs 26.60
-- Net Income for the year ended June 30, 2006.
-- Net Income for the period from October 10, 2005 to June 30, 2006.
-- Net Income for the year ended June 30, 2006.
-- Bonus Units @5.5% of the face value of Rs 100/- per unit (ie Rs 5.5 per unit). An investor holding =100= units as at June 30, 2006 will get 5.4950 units on the ex-bonus price of Rs 100.09 per unit. The proportionate bonus will apply to actual holding of the unit holders as at June 30, 2006.
-- Bonus Units @6% of the face value of Rs 100/- per unit (ie Rs 6/- per unit). with the approval by Securities & Exchange Commission of Pakistan (SECP). An investor holding =100= units as at June 30, 2006 will get 5.9844 units on the ex-bonus price of Rs 100.26 per unit. The proportionate bonus will apply to actual holding of the unit holders as at June 30, 2006.
-- EOGM to be held for the purpose to pass special resolution u/s 208 of the Companies Ordinance, 1984 in relation to accord approval to invest an amount of Rs 16.429 million by subcription of right shares offered by Crescent Steel & Allied Products Limited (an associated company).
-- Book Closure for the purpose of 8th Redemption.
Copyright Business Recorder, 2006